IL FS Crisis: Government Moves NCLT To Change Company's Management

INSUBCONTINENT EXCLUSIVE:
The government has moved National Company Law Tribunal (NCLT) for change of management at the crisis-hit ILFS, according to a senior
of India
ILFS, where LIC is the largest shareholder with 25.34 per cent stake, has a debt burden of over Rs 90,000 crore.(Except for the headline,
this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)